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Sunday, April 14, 2013

Healthcare Insurance Industry

To justify the cost of health care in the united States it?s historic to look at the personal income of severally individual. The mean average of income for a male individual in the United States is $40,798 and for a female $31,223. The reason this information is important is because to the highest degree Americans purchase or obtain healthcare with there employer and the quality of that healthcare can be obstinate based upon the amount of income they can bring into the house deal. What this means is that a man hale above the pauperization line at $60,000 a year is going to be able to expend and purchase better healthcare than his lower income counterpart. Elementary, you may secernate but this system is unique in that it only affects Americans. (DeNavas-Walt, 2005, Income, poverty and health insurance reportage in the United states p. 3) typically the individual who makes more money would be able to dedicate the higher coverage which results in a lower priced co pay and annual deductible. Alternatively the individual with less income is forced to pay a higher co pay and deductible for a lesser amount of coverage. Historically, most Americans obtain coverage through employment however that is changing as well as competition between healthcare companies and insurance phoner?s battle over the consumer.

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